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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Saulamanca who wrote (70668)	2/27/2001 10:41:38 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

Jim Bryan: Yep, a real cliff dive if 1864 does not hold all the way down to a little below 1500 with just a couple of road bumps along the way...<g> Yesterday the COMPX rallied back above the 1-8 pivot low and origin of the previous (much discussed...<g>) rising wedge pattern to test the support line of the 1990 RTC, per the original...LOL...now acting as resistance. It would be unwise to think a COMPMX rally would make it back inside the 90 RTC with the first push...<g> I am not expecting a crash, but this is no time for folks to get greedy. This is a time to bet high risk money only, grab the train on the way out of the station with your "keep it safe" stash. Never try to strike it rich betting the grub stake on a crash, they are to rare. If one does occur, getting orders executed could be next to impossible. It is best to stand aside...IMO Regards, LG